Latest News: matalan
December 23, 2022 1:38 pm
Published by Natalie Fresen
Matalan has announced further details regarding its ongoing sale, confirming that it has “received bids from a number of interested parties”. The company is currently assessing... View Article
December 19, 2022 4:47 pm
Published by Natalie Fresen
John Hargreaves has made a last attempt to keep control of Matalan, making a 50 50 offer with Elliot Advisors’ private equity arm. Hargreaves who floated... View Article
October 17, 2022 1:20 pm
Published by Natalie Fresen
Matalan has announced that its debt payments have been kicked back several months, buying the high street retailer more time to find cash. The discount clothes... View Article
September 26, 2022 2:25 pm
Published by Natalie Fresen
Matalan has named former New Look chief executive Nigel Oddy as its interim CEO as the company’s process to sell itself begins. Oddy will join the retailer in early... View Article
September 5, 2022 3:08 pm
Published by Natalie Fresen
Matalan’s founders are eyeing up a sale, as the fashion firm struggles to fight off inflationary pressure. As first reported by the Sunday Times, the retailer’s... View Article
August 22, 2022 2:50 pm
Published by Natalie Fresen
Fashion retailer Matalan is facing a battle between its lenders and its founder over its ownership as a deadline for refinancing looms. According to a report... View Article
July 25, 2022 2:48 pm
Published by Natalie Fresen
Matalan has announced that executive chair Steve Johnson is stepping down from the board, and that John Hargreaves will return to Matalan in the capacity of... View Article
July 11, 2022 10:18 am
Published by Angela Beevers
Fashion and homeware retailer Matalan has seen its revenue climb to £286.5 million in the 13 weeks ended 28 May from £221.8 million a year earlier.... View Article
June 23, 2022 11:58 am
Published by Angela Beevers
Matalan has reported a strong sales uplift in the year to 26 February despite six weeks of store closures at the beginning of the period. While... View Article